https://www.taxtmi.com/caselaws?id=81288 A loan licencee getting goods manufactured from another factory with its own raw materials, under its control or supervision, falls within the definition of manufacturer under Section 2(f) of the Central Excises and Salt Act, 1944. The exemption under Notification No. 80/80-C.E., as amended, applies by reference to the aggregate value of clearances from the factory and not separately to each loan licencee. Clearances of Tariff Item 68 goods are not excluded from that aggregate computation. The text also indicates that any demand must be tested on the correct factual basis of manufacture by the appellants under the governing excise standard. en-us Wed, 10 Apr 1991 00:00:00 +0530 Thu, 23 Jun 2011 15:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81288 A loan licencee getting goods manufactured from another factory with its own raw materials, under its control or supervision, falls within the definition of manufacturer under Section 2(f) of the Central Excises and Salt Act, 1944. The exemption under Notification No. 80/80-C.E., as amended, applies by reference to the aggregate value of clearances from the factory and not separately to each loan licencee. Clearances of Tariff Item 68 goods are not excluded from that aggregate computation. The text also indicates that any demand must be tested on the correct factual basis of manufacture by the appellants under the governing excise standard. Case-Laws Central Excise Wed, 10 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81288